Tata Metaliks on Saturday said it posted a 26% rise in net profit to Rs 34.44 crore in the quarter ended June 30, 2016 and has commissioned enhanced capacity of ductile iron (DI) pipe plant in Kharagpur.

Tata Metaliks is locked in the upper circuit for a second straight day, up 20% at Rs 168, also its 52-week high on the BSE, after the company announced on Tuesday the withdrawal of the scheme of amalgamation of the company and its subsidiary Tata Metaliks

Tata Metaliks has surged 18% to Rs 133, also its 52-week high on the BSE, after the company reported 71% jump in consolidated net profit at Rs 48.62 crore for the quarter ended March 2016 (Q4FY16), on the back of strong operational performance.

Shares of Tata Group Companies – Tata Metaliks and Tata Sponge Iron – manufacturer of pig iron and sponge iron continued their upward march and rallied by over 50% in less than two weeks on the bourses.

Tata Metaliks has moved higher by 10% to Rs 113, also its 52-week high on BSE, after reporting a robust consolidated net profit of Rs 34.32 crore for the first quarter ended June 30, 2014 (Q1), on back of strong operational performance.

Tata Metaliks has rallied 11% to Rs 74.40, extending its Monday’s over 10% gain, after its parent company Tata Steel on Friday signed an Expression of Interest (EoI) with Karnataka government to set up a six million tonnes per annum (MTPA)

Tata Metaliks has surged up to 9% at Rs 70 in late noon trades after reporting a net profit of Rs 14.93 crore for the quarter ended March 2012, against a net loss of Rs 5 lakh in the corresponding quarter of previous fiscal, due to lower raw material